Heating Oil Crack - NYH ULSHO 1st Line vs WTI 1st Line Future (in Bbls)72265909
ICE Futures U.S.
Heating Oil Crack - NYH ULSHO 1st Line vs WTI 1st Line Future (in Bbls)
Description
A monthly cash settled future based on the difference between the settlement price for NYH ULSHO 1st Line Future and the settlement price for WTI 1st Line Future.
Market Specifications
- Trading Screen Product Name
- Heating Oil Crack Futures (bbl)
- Trading Screen Hub Name
- NYH ULSHO 1st Line/WTI 1st Line
- Contract Symbol
- NYW
- Contract Size
- 1,000 barrels
- Unit of Trading
- Any multiple of 1,000 barrels
- Currency
- US Dollars and cents
- Trading Price Quotation
- One hundredth of one cent ($0.0001) per gallon
- Settlement Price Quotation
- One hundredth of one cent ($0.0001) per gallon
- Minimum Price Fluctuation
- One hundredth of one cent ($0.0001) per gallon
- Last Trading Day
- Last Trading Day of the contract month
- Floating Price
- In respect of daily settlement, the Floating Price will be determined by ICE using price data from a number of sources including spot, forward and derivative markets for both physical and financial products.
- Final Settlement
- In respect of final settlement, the Floating Price will be a price in USD and cents per barrel based on the difference between the average of the settlement prices as made public by ICE for the front month NYH ULSHO Future and the average of the settlement prices as made public by ICE for the front month WTI Future for each business day (as specified below) in the determination period.
conversion factor: 1 barrel = 42 gallons - Contract Series
- Up to 60 consecutive months
- Final Payment Date
- Two Clearing House Business Days following the Last Trading Day
- Business Days
- ICE Business Days
- MIC Code
- IFED
- Clearing Venues
- ICEU
Related Products
Trading Hours
| City | Trading | Pre-Open |
|---|---|---|
| NEW YORK | 7:50 PM - 6:00 PM* 19:50 - 18:00 | 7:40 PM 19:40 |
| LONDON | 12:50 AM - 11:00 PM 00:50 - 23:00 | 12:40 AM 00:40 |
| SINGAPORE | 8:50 AM - 7:00 AM* 08:50 - 07:00 | 8:40 AM 08:40 |
Sunday Pre-Open 5:10 PM ET; Closed on Saturday
Codes
- Clearing Admin Name
- Am Cracks bbl
- Physical
- NYW
- Logical
- NYW
- GMI (FC)
- O*
- ION A.C.N.
- Symbol Code
- NYW